MCARE NORWAY AS

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

29,1 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 099 000	6 267 000	4 062 000	2 000
Net Income	−2 309 000	−2 811 000	−2 572 000	−273 000
Total Assets	3 274 000	2 650 000	1 521 000	214 000
Total Equity	−7 935 000	−5 626 000	−2 814 000	−243 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 099 000	6 267 000	4 062 000	2 000
Expenditure	7 945 000	8 735 000	6 508 000	272 000
Operating Profit	−1 847 000	−2 468 000	−2 446 000	−271 000
Financial Income	49 000	6 000	6 000	0
Financial Costs	511 000	350 000	131 000	2 000
Financial Balance	−462 000	−344 000	−125 000	−2 000
Earnings Before Tax	−2 309 000	−2 811 000	−2 572 000	−273 000
Tax	0	0	0	0
Net Income	−2 309 000	−2 811 000	−2 572 000	−273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	69 000	106 000	0
Total Current Assets	3 241 000	2 580 000	1 415 000	214 000
Total Assets	3 274 000	2 650 000	1 521 000	214 000
Total Retained Equity	−7 965 000	−5 656 000	−2 844 000	−273 000
Total Equity	−7 935 000	−5 626 000	−2 814 000	−243 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 208 000	8 275 000	4 335 000	456 000
Total Equity and Debt	3 274 000	2 650 000	1 521 000	214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 099 000	6 267 000	4 062 000	2 000
Other Income	0	0	0	0
Revenue	6 099 000	6 267 000	4 062 000	2 000
Cost of Goods Sold	3 103 000	2 590 000	2 050 000	11 000
Salary Costs	2 701 000	3 647 000	2 442 000	182 000
Depreciation	37 000	37 000	0	0
Impairment	0	0	33 000	0
Expenditure	7 945 000	8 735 000	6 508 000	272 000
Operating Profit	−1 847 000	−2 468 000	−2 446 000	−271 000
Financial Income	49 000	6 000	6 000	0
Financial Costs	511 000	350 000	131 000	2 000
Financial Balance	−462 000	−344 000	−125 000	−2 000
Dividends	0	0	0	0
Net Income	−2 309 000	−2 811 000	−2 572 000	−273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	69 000	106 000	0
Total Tangible Assets	32 000	69 000	106 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	69 000	106 000	0
Stock	1 323 000	727 000	659 000	0
Total Investments	0	0	0	0
Cash, Bank	304 000	513 000	255 000	118 000
Total Current Assets	3 241 000	2 580 000	1 415 000	214 000
Total Assets	3 274 000	2 650 000	1 521 000	214 000
Total Equity	−7 935 000	−5 626 000	−2 814 000	−243 000
Short-Term Group Debt	9 878 000	7 681 000	3 578 000	389 000
Total Long-Term Debt	0	0	0	0
Creditors	890 000	88 000	269 000	12 000
Unpaid Taxes	203 000	247 000	290 000	38 000
Dividends	0	0	0	0
Other Current Debt	238 000	259 000	199 000	17 000
Total Current Debt	11 208 000	8 275 000	4 335 000	456 000
Total Equity and Debt	3 274 000	2 650 000	1 521 000	214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,1 %	49,96 %	91,4 %	112,35 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−30,28 %	−39,38 %	−60,22 %	−13 550 %
Current Ratio	0,29	0,31	0,33	0,47
Quick Ratio	0,33	0,34	0,38	0,47
Equity Ratio	−2,42	−2,12	−1,85	−1,14
Gross Profit Margin	49,12 %	58,67 %	49,53 %	−450 %